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Tag: Higher tariffs

New York to Increase Electricity Tariffs for Crypto Miners

Category: Business, Finance, Mining, News, Regulation

New York to Increase Electricity Tariffs for Crypto Miners

Cryptocurrency mining is about to become significantly more expensive in the state of New York. A directive issued by the state’s Public Service Commission that has approved the increase in the electricity tariffs that crypto mining facilities in the state are charged. The move was necessitated by the need to protect moderate electricity consumers from the high rates they would…

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